Ackley Housing Inc is located in Algona, IA. The organization was established in 1975. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ackley Housing Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Ackley Housing Inc generated $120.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $122.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY, DISABLED, AND FAMILIES IN ACKLEY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Clemons Secretary/treasurer | 0 | $0 | |
Dale Brass President | 0 | $0 | |
Jane Stoutland Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $117,265 |
Membership dues | $0 |
Investment income | $22 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,969 |
Total Revenue | $120,256 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $17,766 |
Occupancy, rent, utilities, and maintenance | $70,688 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,710 |
Total expenses | $122,164 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,632 |
Other assets | $0 |
Total assets | $139,328 |
Total liabilities | $17,044 |
Net assets or fund balances | $122,284 |
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